"Executive Summary Digital Logistics Market Trends: Share, Size, and Future Forecast
CAGR Value :
- The global digital logistics market size was valued at USD 35.32 billion in 2024 and is expected to reach USD 150.86 billion by 2032, at a CAGR of 19.90% during the forecast period
The Digital Logistics Market report provides current as well as upcoming technical and financial details of the industry to 2025. The Digital Logistics Market report comprises of key information about the industry, market segmentation, important facts and figures, expert opinions, and the latest developments across the globe. Further, market drivers and market restraints displayed in this Digital Logistics Market report gives idea about the rise or fall in the consumer demand for the particular product depending on a number of factors. The Digital Logistics Market report is an excellent resource to gain an in depth study about the present and upcoming opportunities to clarify the future investment in the market.
Global Digital Logistics Market research report makes use of SWOT analysis and Porter’s Five Forces analysis to disclose the strengths, weaknesses, opportunities, and threats in the Digital Logistics Market industry. This Digital Logistics Market report highlights all-inclusive professional study of the Digital Logistics Market industry which focuses on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. All this data and information serves businesses refine their strategic decision making. Strategic planning helps businesses improve and enhance their products which customers will prefer to buy. Thus, the Digital Logistics Market report is a great source of an in-depth market analysis to prosper in this competitive environment.
Examine detailed statistics, forecasts, and expert analysis in our Digital Logistics Market report. Download now:
https://www.databridgemarketresearch.com/reports/global-digital-logistics-market
Digital Logistics Sector Overview
Segments
- By System: Tracking & Monitoring System, Information Integrated System, EDI, Database Management System, Order Management System, Fleet Management System, Freight Management System, Others
- By Application: Warehouse Management, Transportation Management, Green Logistics, Order Management, Freight Forwarding, Fleet Management, Others
- By Logistics Type: First Party Logistics, Second Party Logistics, Third Party Logistics, Fourth Party Logistics
Market Players
- IBM Corporation
- JDA Software Group Inc.
- Oracle
- SAP SE
- Tech Mahindra Limited
- Samsung Electronics Co. Ltd.
- Advantech Co. Ltd.
- DigiLogistics Technology Ltd.
- Hexaware Technologies
- Huawei Technologies Co. Ltd.
The global digital logistics market is experiencing significant growth driven by the increasing demand for real-time tracking and visibility in supply chain operations. The market is segmented based on system, application, and logistics type. The tracking & monitoring system segment is expected to witness substantial growth due to the rising need for enhanced efficiency and security in logistics operations. The information integrated system segment is also projected to expand as companies strive to integrate various processes for seamless operations. The warehouse management application segment is dominating the market as organizations focus on optimizing storage and inventory management. Green logistics is gaining traction, leading to growth in the green logistics application segment.
Key market players in the global digital logistics market include IBM Corporation, JDA Software Group Inc., Oracle, SAP SE, Tech Mahindra Limited, Samsung Electronics Co. Ltd., Advantech Co. Ltd., DigiLogistics Technology Ltd., Hexaware Technologies, and Huawei Technologies Co. Ltd. These companies are investing in technological advancements to offer innovative solutions to customers. Partnerships, collaborations, and mergers are common strategies adopted by market players to strengthen their market presence and expand their customer base. The increasing adoption of digital logistics solutions across various industries is propelling the market growth further.
The global digital logistics market is poised for exponential growth due to the rapid digital transformation of the logistics industry. As companies seek to optimize supply chain operations, the demand for advanced systems such as tracking & monitoring systems, information integrated systems, and database management systems is on the rise. These systems offer real-time visibility, efficiency, and security, which are crucial in the increasingly complex logistics landscape. Furthermore, the integration of technologies like EDI, order management systems, and fleet management systems is enhancing overall operational efficiency and decision-making for organizations.
In terms of applications, warehouse management and transportation management are crucial segments contributing significantly to the market growth. The need for streamlined warehouse operations, accurate inventory management, and efficient transportation processes are driving the adoption of digital logistics solutions. Green logistics is another emerging application area, driven by the growing focus on sustainability and environmental responsibility in supply chain operations. Companies are increasingly turning to digital solutions to reduce their carbon footprint and enhance their overall sustainability efforts.
The logistics type segmentation, including first party logistics, second party logistics, third party logistics, and fourth party logistics, reflects the diverse nature of logistics services offered in the market. Each type plays a unique role in the supply chain ecosystem, catering to different customer needs and industry verticals. The digitalization of logistics processes across these types is leading to greater operational efficiencies, cost savings, and improved customer experiences.
Key market players such as IBM Corporation, Oracle, SAP SE, and Samsung Electronics Co. Ltd. are at the forefront of driving innovation and technological advancements in the digital logistics market. These companies are leveraging their expertise in data analytics, cloud computing, and IoT to develop cutting-edge solutions that meet the evolving needs of the industry. Strategic partnerships and collaborations are enabling market players to expand their geographical reach, enhance their product portfolios, and gain a competitive edge in the market.
Overall, the global digital logistics market is set for robust growth as companies continue to embrace digital technologies to modernize their supply chain operations. The convergence of advanced systems, applications, and logistics types is reshaping the logistics landscape, paving the way for a more connected, efficient, and sustainable future for the industry.The global digital logistics market is witnessing a transformative shift driven by the increasing need for real-time tracking, visibility, and efficiency in supply chain operations. As businesses across industries strive to optimize their logistics processes, the demand for advanced systems such as tracking & monitoring systems, information integrated systems, and database management systems is on the rise. These systems offer enhanced visibility, security, and operational efficiency, enabling companies to streamline their operations and make informed decisions in a rapidly changing environment.
In terms of applications, warehouse management and transportation management are key segments driving market growth. The focus on optimizing warehouse operations, improving inventory management accuracy, and enhancing transportation processes is leading organizations to adopt digital logistics solutions at a rapid pace. The emergence of green logistics as an application segment underscores the industry's shift towards sustainability and environmental responsibility. Companies are increasingly incorporating digital solutions to reduce their carbon footprint and align with green supply chain practices.
The segmentation based on logistics types, including first party logistics, second party logistics, third party logistics, and fourth party logistics, highlights the diverse range of services available in the market. Each logistics type caters to specific customer requirements and industry verticals, contributing to the overall efficiency and effectiveness of the supply chain ecosystem. The digitalization of logistics processes across these types is driving operational efficiencies, cost savings, and improved customer experiences, further fueling market growth.
Key market players such as IBM Corporation, Oracle, SAP SE, and Samsung Electronics Co. Ltd. are playing a pivotal role in driving innovation and technological advancements in the digital logistics market. These companies are leveraging their expertise in data analytics, cloud computing, and IoT to develop cutting-edge solutions that address the evolving needs of the industry. Through strategic partnerships and collaborations, market players are expanding their market presence, enhancing their product offerings, and gaining a competitive edge in the dynamic digital logistics landscape.
In conclusion, the global digital logistics market is poised for substantial growth as organizations continue to embrace digital technologies to modernize their supply chain operations. The convergence of advanced systems, diverse applications, and logistics types is reshaping the logistics industry, paving the way for a more connected, efficient, and sustainable future. Companies that invest in digital logistics solutions stand to gain a competitive advantage in an increasingly competitive and digitally driven market environment.
View company-specific share within the sector
https://www.databridgemarketresearch.com/reports/global-digital-logistics-market/companies
Strategic Question Sets for In-Depth Digital Logistics Market Analysis
- What is the size of the international Digital Logistics Market?
- What are the annual growth trends projected for the Digital Logistics Market future?
- What are the classification levels in the Digital Logistics Market report?
- What firms lead in innovation and Digital Logistics Market expansion?
- Which geographies are included in the analysis for Digital Logistics Market?
- What major players are involved across segments in the Digital Logistics Market?
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